The looming threat of redundancies resulting from the recession has highlighted a surge of high profile internal data thefts. Both in the UK and oversees, the media has regularly reported instances of inappropriate access to sensitive company data. For example, in the US, at the California Water Services Company, an auditor resigned, but illegally accessed computer systems to steal more than $9 million before leaving. These cases, whilst ethically unjust, also highlight data protection concerns. If organisations do not have visibility over who is accessing confidential data, they risk losing more than their critical data, but also their reputations, and as a result, their customers.
2009 is expected to be a year when organisations of all sizes take a step back and reassess their IT priorities. As businesses attempt to reexamine costs, some may be tempted to make wholesale budget cuts and delay investment in new technology or IT strategy. However, forward-thinking organisations are taking the opportunity to look at the bigger picture and reexamine all the options to ensure they are prepared to capitalize on the resurgence of the market. They are likely to be review emerging technologies, such as virtualization, to see how it can improve business efficiency, drive down hardware and power costs and above all enable their business to work smarter.